Formulaic Engineers Manager Salaries by 4 Employees (Updated 2024)

1 - 3 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

72% less than the average Manager Salary for 1 - 3 years of experience

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Last Updated: 25 Apr 2024

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Manager salary at Formulaic Engineers ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Formulaic Engineers.

Experience wise Formulaic Engineers Manager salaries

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Formulaic Engineers

Assistant Vice President Salary

(AmbitionBox Estimate)

₹13.9 L/yr - ₹17.7 L/yr

Salary related reviews for Formulaic Engineers

2.0

Rated by 1 employees for salary & benefits

Team Manager in Lucknow

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 03 Jun 2023

2.0

for Salary and Benefits

Likes

Nothing, too much pressure and too much hectic schedule

Dislikes

...uation if anyone is dealing with tough situation. Too much politics junaid do. HR never recives call and always delays salary and anything required. TOO BAD environment, you can only learn who to become patience .

Area Technical Manager in Patna

Full Time

Construction & Site Engineering Department

1.0

• posted on 29 Dec 2022

1.0

for Salary and Benefits

Likes

Nothing is to be like one of the worst company in India, i never got the salary on time, suneet tayagi sir never allow you to switch the company if you will switch the company then he will directly call to the company and give negative feedback.

Dislikes

If you are want to join this company better to stay unemployed. One of worst company (shop). No pf no employee code. I am very regret to it was my first company.

Branch Coordinator in Agra

Full Time

Branch Operations Department

1.0

• posted on 03 Jan 2023

1.0

for Salary and Benefits

Likes

There is definitely nothing to like about this company

Dislikes

...f the company, because if you do so they will release you with no documentation. Don’t provide the salary on time. Half of the salary is credited in your account and half will be provided in cash. No PF facility is there. No leave policy. They even deduct some part of your salary from FnF, that too without any reason. The worst company ever. They force fully asked employees to work on weekends and then don’t compensate for it as no leaves policy is there. Overall no employee benefits and learning skills only trauma, work load, and bad environment.

Area Technical Manager in Noida

Full Time

Valuation Department

2.0

• posted on 29 Sep 2020

3.0

for Salary and Benefits

Likes

Compensation provided is good, however never paid on time. When you leave the company, entire pending amount is confiscated by the director and never paid.

Dislikes

No work life balance. Boss expects you to work 24x7. No HR system. Boss can deduct salary for any reason he likes

Valuation Engineer in Jaipur

Construction & Site Engineering Department

1.0

• posted on 24 Mar 2022

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The environment is not so good , salary time par nhi milti or sab kam hone k bad bhi taunt krte hai pese khate hai employees ke ..mere bhi salary or expenses kha gye staff cooperative nhi hai .. or bhi bhut kuch hai koi nhi kre job toh acha hai

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Formulaic Engineers Manager Salary FAQs

What is the salary of Manager at Formulaic Engineers?

Manager salary at Formulaic Engineers in India ranges between ₹3.0 Lakhs to ₹6.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 72% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Formulaic Engineers India.

How does the salary of a Manager at Formulaic Engineers India compare with the average salary range for this job?

The average salary of a Manager at Formulaic Engineers is 72% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Formulaic Engineers to a Manager in India?

Saama Technologies Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
Becton Dickinson Manager Salary - ₹17.5 Lakhs to ₹43.0 Lakhs per year
CTS Consulting & Technical Support Manager Salary - ₹11.6 Lakhs to ₹40.0 Lakhs per year
TransUnion Manager Salary - ₹10.2 Lakhs to ₹42.0 Lakhs per year
Persistent Systems Manager Salary - ₹10.4 Lakhs to ₹40.0 Lakhs per year

What is the salary of a Manager in companies similar to Formulaic Engineers in India?

Infosys Manager Salary - ₹10.0 Lakhs to ₹36.3 Lakhs per year
ZF Steering Gear Manager Salary - ₹10.5 Lakhs to ₹32.0 Lakhs per year
Apotex Research Manager Salary - ₹12.0 Lakhs to ₹30.3 Lakhs per year
Wipro Manager Salary - ₹8.8 Lakhs to ₹39.0 Lakhs per year
Amphenol Interconnect Manager Salary - ₹13.5 Lakhs to ₹28.0 Lakhs per year

What is the estimated take home salary of a Manager at Formulaic Engineers in India?

The estimated take-home salary of a Manager at Formulaic Engineers ranges between ₹33,547 per month to ₹34,809 per month in India. The take-home salary calculation is based on the average Formulaic Engineers Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Manager at Formulaic Engineers?

According to AmbitionBox, 100% of the Formulaic Engineers Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Formulaic Engineers Manager Salaries

Formulaic Engineers Manager salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Formulaic Engineers latest salaries received from various employees of Formulaic Engineers.